Accelink Technologies Projects H1 Profit to Rise Up to 65%
Accelink Technologies (SHE:002281) forecasted first-half attributable net profit of between 558.6 million yuan and 615.0 million yuan, compared with 372.4 million yuan the previous year. The 50% to 65% rise is attributed to global demand for data center optical modules amid the AI computing investment boom, alongside increased data center spending by domestic cloud providers, according to a Wednesday filing with the Shenzhen bourse. The optical components manufacturer expected H1 basic earnings per share of 0.70 yuan to 0.77 yuan, versus 0.47 yuan last year. Shares of the company were down 2% in recent trade.
Accelink Technologies (SHE:002281) forecasted first-half attributable net profit of between 558.6 million yuan and 615.0 million yuan, compared with 372.4 million yuan the previous year.
The 50% to 65% rise is attributed to global demand for data center optical modules amid the AI computing investment boom, alongside increased data center spending by domestic cloud providers, according to a Wednesday filing with the Shenzhen bourse.
The optical components manufacturer expected H1 basic earnings per share of 0.70 yuan to 0.77 yuan, versus 0.47 yuan last year.
Shares of the company were down 2% in recent trade.